Quote from @Godsheritage Adeoye: Hello, I’d like to know how investors typically handle Subject To contracts.

subject to, higher risk.

I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vacant property, or have a tenant)The buyer would then take over the mortgage payments, and have the seller sign the deed over to the buyer.

Not going to kill it on the rental income, but if you sell it subject to, there is a lot of equity.

I've purchased land with a mobile home and took the mobile home subject to.  

Work with a real estate attorney and CPA to draft an operating agreement outlining ownership, decision-making, and dispute resolution.

A syndication was way overkill because there were only 5 capital partners so they customized an operating agreement with their attorney that outlined roles and responsibilities, distributions, membership interests, etc.And you don't have to have all this stuff figured out right now; it's very customary for us to assign the contract to whatever customized entity we end up forming.Just one caveat. 

He signs a deed in lieu which we will record IF he does not fulfill a separate forbearance agreement outline the payments he needs to make to reinstate the note.  

Quote from @Jamie Banks: Here's a few things I include in my MTR lease- Utility caps- Outline of the furniture that is included- Details regarding which utilities are included- Outline who is responsible for lawn care / snow removal- List of fees (admin fee, cleaning fee, etc) Hi Jamie! 

We outline our criteria if they express interest so they know upfront.a.